I overlooked the fact that, during that same time period, the USCF
went from a $100,000/yr Executive Director to an unpaid Executive
Director.

The USCF must have slashed over $643,000 in personnel costs and
benefits over the past year.

I don't consider what this board has done to be an accomplishment.

Andy

(Andy Jones) wrote in message . com...
Exactly how many people did the USCF terminate during that time
period, if you include the initial layoffs and B&E-related
terminations? 25? 30?

It doesn't take a genius to figure out where the $600,000 swing came
from.




(Jürgen R.) wrote in message ...
On Wed, 28 Jul 2004 02:59:55 GMT, "Tim Hanke"
wrote:

"Paul Rubin" wrote ...
(Sam Sloan) writes:
Read the above posting by Tim Hanke carefully. Does this look like he
is prepared to step aside as VP of Finance in favor of the vastly more
qualified Randy Bauer? He even attacks Bauer unnecessarily when Bauer
has been very nice to him.

Bauer has said that he doesn't want the job and that Hanke is doing
perfectly fine at it.

For the record, I hope Randy Bauer runs again for the EB in 2005 and wins a
regular 4-year term. If he does, I expect I will personally support him for
USCF VP of Finance, just as I publicly endorsed him for the EB in the recent
special election.

But there is no reason for me to resign as VP of Finance before my two-year
term is up in 2005. Not after a year in which USCF went from a $360,000 loss
to a $283,000 profit, according to the draft audit report. When is the last
time USCF had a positive one-year swing of $643,000 in the bottom line? :-)

Tim Hanke
USCF Vice President of Finance

Look - an organization that collects dues from several times 10'000
members, each paying $50 p.a. can *always* show a profit by cutting
services. In other words, the fact that the organization is in the
black for one year *may be* because it is moving in the right
direction, but doesn't necessarily prove anything.

Jürgen

"Andy Jones" wrote in message
m...

I overlooked the fact that, during that same time period, the USCF
went from a $100,000/yr Executive Director to an unpaid Executive
Director.

The USCF must have slashed over $643,000 in personnel costs and
benefits over the past year.

I don't consider what this board has done to be an accomplishment.

Proving once again that you can't please all of the people all of the time.

Tim,

I believe we're on the right track as well. Congratulations -- sortof. I
view what you and your colleagues are doing as a work in progress.

I'll be convinced a real turnaround has occurred when (if?) we maintain
profitability as we add/upgrade services. Right now USCF isn't offering much
besides ratings, for which I give it a respectable "C" grade (for various
reasons I won't go into here -- you're working on most but not all of them).

$283,000 is not a lot of leeway if dues and other revenues fall, or even if
they stay constant. We've cut expenses tremendously. What are our plans for
increasing revenue, providing real value for my $50 membership, and member
retention?

Angelo


"Tim Hanke" wrote

But there is no reason for me to resign as VP of Finance before my
two-year
term is up in 2005. Not after a year in which USCF went from a $360,000
loss
to a $283,000 profit, according to the draft audit report. When is the
last
time USCF had a positive one-year swing of $643,000 in the bottom line?
:-)

Tim Hanke
USCF Vice President of Finance

On 28 Jul 2004 19:05:55 -0700, (Andy
Jones) wrote:

I overlooked the fact that, during that same time period, the USCF
went from a $100,000/yr Executive Director to an unpaid Executive
Director.

The USCF must have slashed over $643,000 in personnel costs and
benefits over the past year.

I don't consider what this board has done to be an accomplishment.

It may well have been a necessary first step; the next necessary steps
will be more difficult and quite different. They may be on the right
track - let's wait and see.


Andy

(Andy Jones) wrote in message . com...
Exactly how many people did the USCF terminate during that time
period, if you include the initial layoffs and B&E-related
terminations? 25? 30?

It doesn't take a genius to figure out where the $600,000 swing came
from.




(Jürgen R.) wrote in message ...
On Wed, 28 Jul 2004 02:59:55 GMT, "Tim Hanke"
wrote:

"Paul Rubin" wrote ...
(Sam Sloan) writes:
Read the above posting by Tim Hanke carefully. Does this look like he
is prepared to step aside as VP of Finance in favor of the vastly more
qualified Randy Bauer? He even attacks Bauer unnecessarily when Bauer
has been very nice to him.

Bauer has said that he doesn't want the job and that Hanke is doing
perfectly fine at it.

For the record, I hope Randy Bauer runs again for the EB in 2005 and wins a
regular 4-year term. If he does, I expect I will personally support him for
USCF VP of Finance, just as I publicly endorsed him for the EB in the recent
special election.

But there is no reason for me to resign as VP of Finance before my two-year
term is up in 2005. Not after a year in which USCF went from a $360,000 loss
to a $283,000 profit, according to the draft audit report. When is the last
time USCF had a positive one-year swing of $643,000 in the bottom line? :-)

Tim Hanke
USCF Vice President of Finance

Look - an organization that collects dues from several times 10'000
members, each paying $50 p.a. can *always* show a profit by cutting
services. In other words, the fact that the organization is in the
black for one year *may be* because it is moving in the right
direction, but doesn't necessarily prove anything.

Jürgen

On Wed, 28 Jul 2004 23:28:55 -0400, "Angelo DePalma"
wrote:


Tim,

I believe we're on the right track as well. Congratulations -- sortof. I
view what you and your colleagues are doing as a work in progress.

I'll be convinced a real turnaround has occurred when (if?) we maintain
profitability as we add/upgrade services. Right now USCF isn't offering much
besides ratings, for which I give it a respectable "C" grade (for various
reasons I won't go into here -- you're working on most but not all of them).

$283,000 is not a lot of leeway if dues and other revenues fall, or even if
they stay constant. We've cut expenses tremendously. What are our plans for
increasing revenue, providing real value for my $50 membership, and member
retention?

Hold on a minute - it seems that at the moment they have more than
enough revenue. Shouldn't the first question be what services will be
provided? Whatever money is collected will be spent, that is
absolutely certain. If the USCF is going to do no more than the
minimum - i.e. magazine and ratings - it doesn't need either more
money or more staff. They probably still have way too many people.

Jürgen


Angelo


"Tim Hanke" wrote

But there is no reason for me to resign as VP of Finance before my
two-year
term is up in 2005. Not after a year in which USCF went from a $360,000
loss
to a $283,000 profit, according to the draft audit report. When is the
last
time USCF had a positive one-year swing of $643,000 in the bottom line?
:-)

Tim Hanke
USCF Vice President of Finance

How can you be so sure of your observations, and why do you care?

Are you on staff at the Rubin-Sloan Foundation for Presumptuous,
Disingenuous Blanket Statements, or the Draney-Haas Institute for
Inappropriately-Concerned Nitpicking Nonmembers?

Angelo DePalma
Editorial Director and VP of Membership
Tomic-Gordon Trust for Self-Annointed Great Players



"Jürgen R." scribbled from his perch on Lorelei's rock in
Copenhagen harbor:

Hold on a minute - it seems that at the moment they have more than
enough revenue. Shouldn't the first question be what services will be
provided? Whatever money is collected will be spent, that is
absolutely certain. If the USCF is going to do no more than the
minimum - i.e. magazine and ratings - it doesn't need either more
money or more staff. They probably still have way too many people.

"Angelo DePalma" wrote in message
...

How can you be so sure of your observations, and why do you care?

Are you on staff at the Rubin-Sloan Foundation for Presumptuous,
Disingenuous Blanket Statements, or the Draney-Haas Institute for
Inappropriately-Concerned Nitpicking Nonmembers?

Angelo DePalma
Editorial Director and VP of Membership
Tomic-Gordon Trust for Self-Annointed Great Players

ROFLMFAO!!!

Regards,

Matt